SINGAPORE is too small a base for global-minded businesses to experiment and refine innovative ideas. At least that’s the view of tech entrepreneur Mr Tan Min-Liang and venture capitalist Mr Isaac Ho, reported the Business Times (BT) on Monday (Mar 13). If entrepreneurs intend to expand beyond Singapore, they should test-bed in larger markets from the start.
Simply put, a test-bed is a space to experiment and develop innovative products before bringing to market. Last month (Feb 7), the Committee on the Future Economy (CFE) proposed in its report that the G set aside “special test-bedding zones” for Singapore based enterprises to develop products that can be exported.
